Investors Upbeat on Ambarella Stock
Ambarella Inc (NASDAQ:AMBA) released its first-quarter earnings on Thursday. Although the chipmaker's profits were down 91% year-over-year, AMBA stock jumped 9.6% in after-hours trading. (Source: "Ambarella Reports Sharp Decline in Revenue, Profit," The Wall Street Journal, June 2, 2016.)
Although there were a few bright spots in the earnings report, the elephant is still in the room. Ambarella's.
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Ambarella Inc (NASDAQ:AMBA) released its first-quarter earnings on Thursday. Although the chipmaker's profits were down 91% year-over-year, AMBA stock jumped 9.6% in after-hours trading. (Source: "Ambarella Reports Sharp Decline in Revenue, Profit," The Wall Street Journal, June 2, 2016.)
Although there were a few bright spots in the earnings report, the elephant is still in the room. Ambarella's.
Den vollständigen Artikel lesen ...